Vendor Management Analyst at LGE Community Credit Union

This position is responsible for managing the vendor onboarding and renewal process by developing the process, obtaining and analyzing documents, risk rating of vendor relationships, maintaining vendor software, working credit union-wide with all business units. In addition, the Vendor Management Analyst will serve as backup to the Business Continuity Plan Administrator. These responsibilities include working with LGE staff in the maintenance, and exercising (testing) of the overall business continuity and disaster recovery (DR) plans.What You'll DoDevelop and maintain policies, procedures, and risk assessments for vendor managementLead and oversee vendor relationships, contracts, and performance to align with business objectivesMaintain and monitor third-party vendor database, contract renewals and risk ratingsConduct ongoing, timely vendor due diligence reviews to include contract details and terms, financials, security standards and business continuity, dependent on vendor risk ratingReview and update risk assessments on a scheduled basis as vendor relationships mature and changeCoordinate onboarding of new vendors to include due diligence document gathering, legal review, financial reviews, security and business continuity reviewRegularly communicate with all lines of business on matters pertaining to vendor managementProvide training as neededDevelop documentation for complex subjectsEnsure appropriate levels of security and confidentiality are maintained with contract detailsProvide applicable regulatory guidance through research of Federal and State resourcesProvide compliance assistance to projects team for new products and servicesStay informed of changing regulations and industry trendsAssist with Internal Audit reviews as needed through assessment of processes, documents and formsServe as backup to business continuity communications software with up to date information surrounding operations, staff and testingMaintain familiarity with and follow all policies, procedures and processes which have been established in order to meet compliance requirements of all applicable federal regulations. The regulations include but are not limited to the Privacy Act, Office of Foreign Assets Control (OFAC), Bank Secrecy Act (BSA), Reg. CC and Patriot ActWho You AreRequired: Bachelor's Degree in Business Administration or related fieldRequired: 5+ years working knowledge of critical business processes, products, and services within a financial institutionPreferred: Vendor Management Certification, CRVPM or similarPreferred: 3 - 5 years of program/project management skillsPreferred: Venminder experienceExceptional analytical skillsExcellent verbal/written communication, administrative, and computing skills (Microsoft Office)Ability to manage competing priorities and work independentlyAbility to work independently, without constant supervisionCapable of developing strong cooperative inter-departmental partnerships for joint actionsAbility to help assess vendor security controls, financials, contracts and business continuity plansStrong communication skills with the ability to facilitate meetings